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Monday, Nov. 3, 2008 |
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The worst investment move is giving up |
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The economy's weak, but the market was up -- at least last week. Still, investors have lots to worry about. Stocks are back to levels of a decade ago -- and many have seen years of progress in retirement or college savings accounts wiped out.
But before you surrender, check out Tim Middleton's column "Make money when stocks stink." Taking the long view, he points out that this isn't the first decade stocks have gone nowhere. But over time, the payoff for investing still makes it worth the risk.
There's also a calculator on that page that demonstrates how a few smart investing choices could have helped you outperform, even in this Lost Decade. Of course, you could have also lost more; that's part of the game, too.
Over the next few weeks, Middleton and our other experts will keep working to try to help you find your way through this crunch -- and find winners while avoiding losers.
Also new on MSN Money:
GRAPES OF WORRY: Of course, the financial meltdown isn't just about stocks. It's about jobs and families and, too often, Liz Pulliam Weston says, is a burden on kids. Don't share your depressing worries with the little ones, she writes in "Parents, stop scaring your kids."
HUMAN TOLL: For a stark look at the human toll of all that economic despair, Karen Aho's "Desperate times, desperate people" reports on what appears to be a rise in fraud and arson as well as murder and suicide.
ONE BOOM: It's not exactly the bright side of all this, but there is growth in at least one industry in today's economy. Read "A growth industry: Tax collecting."
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Richard Jenkins, Editor in Chief |
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